On January 1, 2011 Mellie Co The Adjusting Entry Prepared at Year End Included A:
A)debit

Multiple Choice

On January 1, 2011 Mellie Co.had $43,000 in its temporary investments account.At December 31, 2011 their portfolio consisted of: $\begin{array}{lrr}\text { Investments }& \text { Cost } &\text { Market }\\\hline\text { Jenelle Inc. shares } & \$ 8,000 & \$ 8,500 \\\text { Amy Co. shares } & 23,000 & 28,000 \\\text { Aisha Inc. shares } & 12,000 & 9,000\end{array}$
The adjusting entry prepared at year end included a:

A) debit to the temporary investments account for $2,500.
B) credit to the temporary investments account for 2,500.
C) debit to the cash account for $47,500.
D) credit to the unrealized loss account for $2,500.